Requisite Noteholders definition

Requisite Noteholders. Holders of Notes evidencing not less than a majority of the Outstanding Amount of the Controlling Class.

Requisite Noteholders means the holders of a majority-in-interest of the aggregate principal amount of the Notes.

Requisite Noteholders means Purchaser Groups having Commitment Percentages aggregating more than 50%.

Examples of Requisite Noteholders in a sentence

• If, however, a successor Collateral Custodian is not appointed by (I) the Indenture Trustee (acting at the direction of the Requisite Noteholders) or (II) if the P&I Notes are no longer outstanding, the Issuing Entity (acting at the direction of the Majority Certificateholders) within ninety (90) days after the giving of notice of resignation or removal, the Collateral Custodian may petition a court of competent jurisdiction for the appointment of a successor Collateral Custodian.

• The Backup Servicer shall act as Successor Servicer unless it is legally unable to do so, in which event the predecessor Servicer shall continue to act as Servicer until a successor acceptable to the Requisite Noteholders has been appointed and accepted such appointment.

• Each of the parties hereto agrees that it will not initiate or consent to any revision to the Required Legend or any other identification of the Indenture Trustee as the assignee of any Authoritative Copy without the consent of (A) the Indenture Trustee (acting at the written direction of the Requisite Noteholders), or (B) if the P&I Notes are no longer outstanding, the Issuing Entity (acting at the written direction of the Majority Certificateholders).

• Each Purchaser acknowledges and agrees that by the operation of Section 8.8 hereof, the Requisite Noteholders will have the right and power to diminish or eliminate all rights of such Purchaser under this Agreement and each Note issued to such Purchaser.

• Except as otherwise provided herein, the terms and conditions of this Agreement will inure to the benefit of, and be binding upon, the respective successors and assigns of the parties; provided, however, that the Company may not assign its obligations under this Agreement without the written consent of the Requisite Noteholders.

More Definitions of Requisite Noteholders

Requisite Noteholders means the Lead Investor administering the terms of the Special Purpose Vehicle and the Major Investors purchasing outside the Special Purpose Vehicle.

Requisite Noteholders means Purchaser Groups having Commitment Percentages aggregating more than 50% (or if all Commitments have terminated, Purchaser Groups whose aggregate Purchaser Group Invested Amounts exceed 50% of the Series 2010-6 Invested Amount).

Requisite Noteholders means Series 2004-2 Noteholders holding more than 50% of the Series 2004-2 Invested Amount.

Requisite Noteholders means the holders of Notes issued to the Purchaser pursuant to this Agreement and the Notes whenever issued to all other purchasers pursuant to similar agreements dated on or about the date of this Agreement with an aggregate principal amount equal to or greater than 50% of the aggregate principal amount of all then outstanding Notes issued to the Purchaser pursuant to this Agreement and the Notes whenever issued to all other purchasers pursuant to similar agreements dated on or about the date of this Agreement.

Requisite Noteholders means Series 1997-1 Noteholders holding 50% or more of the Series 1997-1 Invested Amount.

Requisite Noteholders means Purchaser Groups having Commitment Percentages aggregating more than 50% (or if all Commitments have terminated, Purchaser Groups whose aggregate Purchaser Group Invested Amounts exceed 50% of the Series 2015-3 Invested Amount); provided, however, that on any date on which there are fewer than three Purchaser Groups (solely for the purposes of this proviso, Purchaser Groups members of which are Affiliates of members of another Purchaser Group shall be deemed to be one Purchaser Group), “Requisite Noteholders” shall mean all Purchaser Groups, collectively.

Requisite Noteholders means Consenting Noteholders representing at least 85% in aggregate principal amount of all outstanding Notes subject to the Agreement.